Kenneth Irvine Chenault (born Long Island, June 2, 1951;[1] Vorlage:IPA-fr) has been the CEO and Chairman of American Express since 2001.[2][3] He is the third African-American CEO of a Fortune 500 company.
Early Life, Education, and Legal Career
Chenault grew up on Long Island as the son of a dentist and dental hygienist.[4] He attended the alternative Waldorf School of Garden City,[5] where he served as senior class president.[6] He then received a B.A. in History from Bowdoin College in 1973, and a Juris Doctor from Harvard Law School in 1976.[1]
After Harvard he worked as an associate with the law firm Rogers & Wells in New York City, and as a consultant for Bain & Company.[1]
CEO of American Express
He joined American Express in 1981, working in the Strategic Planning Group.[7] He became President and Chief Operating Officer in 1997.[7] When he became CEO of American Express in 2001, he was just the third black CEO of a Fortune 500 company in history.
While CEO of American Express in 2007, Kenneth I. Chenault earned a total compensation of $50,126,585, which included a base salary of $1,238,461, a cash bonus of $6,500,000, stocks granted of $8,069,198, and options granted of $33,244,013.[8] In 2008, he earned a total compensation of $42,752,461, which included a base salary of $1,250,000, a cash bonus of $6,112,500, stocks granted of $9,524,931, and options granted of $24,656,788.[9]
He is currently co-chair of the Business Roundtable,[10] a director at IBM,[3][7] and a member at the Council of Foreign Relations.[11] In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community.[12] Mr. Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame in 2002. In 2008, he gave the commencement address at Howard University.[13]
References
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External links
- ↑ a b c Kenneth Chenault: Corporate CEO. CNN, Februar 2002, abgerufen am 11. Mai 2007.
- ↑ Board of Directors and Executive Officers. American Express, abgerufen am 11. Mai 2007.
- ↑ a b Kenneth I Chenault profile. Forbes, abgerufen am 11. Mai 2007.
- ↑ http://www.biography.com/search/article.do?id=37719
- ↑ "Ken Chenault: The Rise of a Star" Business Week Dec. 21, 1998
- ↑ http://www.biography.com/search/article.do?id=37719
- ↑ a b c Anthony Bianco: KEN CHENAULT: THE RISE OF A STAR In: Business Week, December 21 1998. Abgerufen am 11. Mai 2007
- ↑ 2007 CEO Compensation for Kenneth I. Chenault, Equilar
- ↑ 2008 CEO Compensation for Kenneth I. Chenault, Equilar
- ↑ About us: Officers. Business Roundtable, abgerufen am 11. Mai 2007.
- ↑ See for example the transcript of a luncheon over which he presided: New Realities in the Media Age: A Conversation with Donald Rumsfeld. Council on Foreign Relations, 17. Februar 2006, abgerufen am 11. Mai 2007.
- ↑ 50 who changed America - influential African Americans. In: Ebony. November 1995, abgerufen am 11. Mai 2007.
- ↑ Commencement Speech at Howard University